C&C buys out Wallaces Express

Magners owner C&C Group has taken full ownership of Wallaces Express, the Scottiish wines and spirits wholesaler in which it took a 50% stake a year ago.

The wholesale business will be rebranded as Wallaces TCB.

John Gilligan, managing director of Tennent Caldeonaian Breweries, which is also owned by C&C, said: "We have worked to provide our customers with a one-stop shop for all their alcoholic and soft drinks needs as part of our strategy of developing a multi-beverage platform in the Scottish drinks amrket.

"We plan to grow the business further, finding more opportunities for cross-selling to our customers."

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